Acquiring Company
Oriental Interest Bhd
Acquired Company
Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd
Description
Oriental Interest Bhd has proposed a RM280 million share-based acquisition to take control of Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd. The agreement entails acquiring 100% of both companies through new shares and preference shares. This strategic move aims to diversify Oriental Interest's operations into motorcycle financing and retail, enhancing its income streams and market presence.
M&A Insights
Based on deal dataFrequently asked
Who acquired Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd?
Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd was acquired by Oriental Interest Bhd, based in Kuala Lumpur. The deal was reported on July 27, 2026. Oriental Interest Bhd is a property development company involved in various aspects of the real estate industry. The company aims to diversify its operations into motorcycle financing and retail. Oriental Interest Bhd is privately held and operates in Real Estate.
When did Oriental Interest Bhd acquire Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd?
Oriental Interest Bhd's acquisition of Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd was reported on July 27, 2026. Oriental Interest Bhd has proposed a RM280 million share-based acquisition to take control of Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd. The agreement entails acquiring 100% of both companies through new shares and preference shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd do?
Chin Hin (Jitra) Sdn Bhd operates in motorcycle hire purchase and money lending. CHJ Motor Holdings Sdn Bhd is involved in motorcycle sales, spare parts distribution, repair services, and insurance agency activities. It is privately held, and is based in Malaysia.